# Junpu Intelligence subsidiary signs EUR 400-500 million supply contract

PIA Automation Austria GmbH, a wholly-owned subsidiary of Junpu Intelligence, signed a supply contract for an electric drive assembly line project with a German global head car company (Steyr Factory in Austria). The contract amount is approximately EUR 400-500 million.

- Type: Contract
- Announced: 2024-01-26
- Where: Austria, Austria
- Value: $490.0M (450.0M EUR)
- Status: completed
- Products: electric drive assembly line
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Junpu Intelligence](https://endata.com/companies/75275.md)
- [PIA Automation Austria](https://endata.com/companies/33875.md) (supplier)
- [Steyr Factory](https://endata.com/companies/75276.md) (customer)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/star50news/2024_01_266650869154255470594), 2024-01-26: "PIA Automation Austria GmbH... recently signed a supply contract for the electric drive assembly line project with the buyer, Steyr Factory in Austria, a global head car company in Germany, with a contract amount of about 4-0.5 billion yuan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.